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Bassett Furniture Industries BSET Retail — Inventory Write Down

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$155K-74.2%

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Other financials

Income statement

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Revenue$83.8M-0.7%
Gross profit$49.9M+4.7%
Operating income$2.3M
Net income$2.0M+6.3%
EPS (diluted)$0.17

Balance sheet

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Cash & equivalents$35.9M-9.0%
Total debt$87.8M-10.2%
Total equity$164.5M-1.4%
Total assets$317.5M-4.2%

Cash flow

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Operating cash flow$7.4M+5.9%
CapEx$1.7M+23.1%
Free cash flow-$6.3M-586%

Valuation

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Market cap$153.23M+22.3%
Enterprise value$205.15M+11.7%
P/E28×
P/S0.5×+0.1×

Profitability

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Gross margin56.3%+1.9pp
Operating margin2.3%+1.4pp
Net margin1.6%
FCF margin-1.6%

Returns & leverage

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Return on equity3.3%
Debt / equity0.5×-0.1×
Current ratio0.0×

Where this comes from

Reported directly by Bassett Furniture Industries in its filing.

Tagged under the XBRL concept us-gaap:InventoryWriteDown.

The official record: Bassett Furniture Industries’s 10-Q, filed July 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Bassett Furniture Industries's retail — inventory write down?
Bassett Furniture Industries (BSET) reported retail — inventory write down of $268K in Q1 2026.
How has Bassett Furniture Industries's retail — inventory write down changed year-over-year?
Bassett Furniture Industries's retail — inventory write down increased by 62.4% year-over-year, from $165K to $268K.
What is the long-term trend for Bassett Furniture Industries's retail — inventory write down?
Over 3 years (2021 to 2025), Bassett Furniture Industries's retail — inventory write down has grown at a -9.7% compound annual growth rate (CAGR), from $912K to $672K.
What does retail — inventory write down mean?
This represents the periodic expense recognized when the cost of retail inventory exceeds its estimated net realizable value. It indicates that specific products are no longer expected to sell at their original cost due to changing market demand or product lifecycle status. High or increasing write-downs may signal poor inventory management or shifting consumer preferences.